Maharashtra Govt. cut in number of approvals needed for realty sector

Q: The government of Maharashtra has asked municipal corporations in the state to work on cutting the number of approvals needed for a project in the realty sector to about 70, from the present level of 200.

Jerome Fernandez, Mumbai

8th December 2015

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Replies (2)

But now Maharashtra Govt. has decided to reduce the number of approvals from 200 to 70. It had earlier decided to reduce the number of clearances for an industrial unit to 37, from 76. This is on similar lines.

Bikram, Mumbai

8th December 2015

Comment

@Bikram,
And the civic bodies have also been asked to consider a reduction in the number of days for providing all clearances to no more than a month. This will ultimately save time and cost.

Dwarkesh,

8th December 2015

The government will have to make suitable changes if affordable housing is to become a reality.

Why not there should be a single-window clearance system, with all approvals within 15 days? Still there are some departments where there had been no visible change in the time required for many clearances. As a result, realty players have to pay high premium charges, government and civic body fees. This leads to high property rates.

Bikram, Mumbai

8th December 2015

A property developer, who develops properties in central suburbs mentioned in a report that development charges, premium and FSI charges have doubled in the last one year. The premium for public parking was increased from 40% to 60%. Environment clearances has gone up to Rs 6 lakh.

Dwarkesh,

8th December 2015

Hi Jerome,
This step is in response to recent complaints from those in the sector on a time consuming process of approvals. In the case of Brihanmumbai Municipal Corporation alone, there are 36 approvals required from its various departments, 16 from the state government and 13 from the central government.

Bikram, Mumbai

8th December 2015

Comment

You are right Bikram.
Apart from that there are sub-permissions. The time taken for these clearances is 18 to 24 months and is the root cause for the high value of property and possession delay.

Roshni Pawal, Mumbai

8th December 2015